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China Pharma Holdings, Inc. Reports Third Quarter 2009 Financial Results and Corporate Updates
Date:11/11/2009

233,155 (48,535) Advances from customers 109,238 386,922 Net Cash from Operating Activities 6,388,089 4,026,464 Cash Flows from Investing Activities: Purchase of property and equipment (255,273) (125,753) Purchase of intangible assets (7,622,877) (428,641) Advances for purchases of intangibles and property and equipment (2,921,715) (5,856,412) Proceed from sale of property and equipment 1,096 -- Net Cash from Investing Activities (10,798,769) (6,410,806) Cash Flows from Financing Activity: Proceeds from issuance of short term notes payable 3,799,775 -- Payments of short term notes payable (2,484,468) (2,814,744) Proceeds from issuance of common stock and warrants -- 9,268,938 Net Cash from Financing Activity 1,315,307 6,454,194 Effect of Exchange Rate Changes on Cash 13,001 (61,509) Net Increase (Decrease) in Cash and Cash Equivalents (3,082,372) 4,008,343 Cash and Cash Equivalents at Beginning of Period 6,927,149 1,830,335 Cash and Cash Equivalents at End of Period $3,844,777 $5,838,678 Supplemental Cash Flow Disclosure: Cash paid for interest $103,143 $130,342 Cash paid for income taxes 1,413,306 1,289,596

SOURCE China Pharma Holdings, Inc.


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SOURCE China Pharma Holdings, Inc.
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